The year-on-year Producer Price Inflation (PPI) rate rose slightly in September to 9.
6 per cent compared with a 9.
0 percent recorded in August.
The rate represents a 0.
6 percentage point increase in producer inflation relative to the rate recorded in August 2020.
Professor Samuel Annim, the Government Statistician, said the month-on-month change in producer price index between August 2020 and September 2020 was 0.
The producer price inflation in the Mining and Quarrying sub-sector decreased by 6.
1 percentage points over the August 2020 rate of 37.
9 percent to record 31.
8 percent in September 2020.
The Manufacturing sector, which constitutes more than two-thirds of the total industry, increased by 1.
9 percentage points to record 5.
The utility sub-sector recorded the same inflation rate of 5.
8 percent as the rate for August 2020.
For the monthly changes, the mining and quarrying sub-sector recorded the highest inflation rate of 5.
2 percent, followed by manufacturing sub-sectors with 0.
The Utility sub-sector recorded no monthly inflation rate in August 2020.